Current Price

$323,348

1 Month Forecast

â–² $352,982

1-Year Forecast *

â–² $378,692

5-Year Forecast *

â–² $463,053

"Is it a good time to buy homes in Marengo?" "Does investing in real estate in Marengo (Illinois State, McHenry County) worth it?" According to our live Forecast System, buying a house in Marengo is a good short-term (1-year) investment*. The Marengo average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Marengo" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Marengo in Illinois State, McHenry County. If you are looking for homes for sale with good flipping profit, Marengo can be a profitable property investment option. The median price of an average house in Marengo was 323,348 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Marengo" area is 463,053 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +43.21% meaning that investing 100000 USD today may yield a profit of 43,206 USD by 2031.

Current Median Listing Price: 323,348 USD Median Listing Price Per Square Foot: 180 USD

Marengo Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Marengo (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Marengo Price Target

Marengo median home price target in 12 months: $378,692* (upside of 17.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $344,146 $350,733 $344,146 $350,733
2024 $300,957 $323,348 $300,957 $323,348
2023 $280,742 $299,423 $280,384 $299,423
2022 $261,729 $281,115 $261,729 $284,303
2021 $227,349 $257,811 $227,349 $257,811
2020 $208,844 $224,274 $208,844 $224,274
2019 $201,052 $206,850 $201,052 $206,850
2018 $196,030 $199,983 $196,030 $200,985
2017 $181,382 $194,731 $181,382 $194,731
2016 $180,245 $180,804 $180,245 $182,957
2015 $170,369 $179,424 $170,369 $179,424
2014 $166,251 $170,019 $166,251 $170,705
2013 $150,891 $165,400 $150,891 $165,400
2012 $154,817 $150,340 $150,340 $154,817

Questions & Answers about the Marengo Housing Market Forecast

How much does an average home cost in Marengo today?

The value of an average home (the listing price) in Marengo is $323,348 USD.

What is the average price per square foot in Marengo?

According to Walletinvestor the median price per square foot in Marengo is 180 USD.

Will the median listing price of homes in Marengo grow / rise / go up?

Yes. The Marengo home prices may rise from 323,348 USD to 378,692 USD in one year.

Is it profitable to invest in Marengo homes?

Yes. The long-term profit potential is +17.12% in one year.

Will Marengo house prices fall / drop?

No. See above.

What is the predicted price of a Marengo home in 2030?

The predicted home sales price of a Marengo home in 2030 in Marengo is 436,272 USD.

What is the predicted price of a Marengo home in 2035?

The predicted home sales price of a Marengo home in 2035 in Marengo is 566,206 USD.

Will real estate prices decrease in Marengo?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Marengo is the 4878. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in McHenry, Marengo decreased, looking at the past 12 months.

According to Walletinvestor's Marengo real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.430% to 323,348 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 18.146% in 2021
  • 17.026% in 2022
  • 17.286% in 2023
  • 17.536% in 2024
  • 18.126% in 2025
  • 15.286% in 2026

Based on our Marengo real estate market research and report the predicted sales prices will increase by 385.463% in the next 10 years.

Over the last 12 months, the value of homes in Marengo fluctuated: increasing 5 times .

Marengo (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Marengo Housing Market Forecast with Real Estate Prices for 2025
August 2025 352982 330391 375573
September 2025 355245 328247 382244
October 2025 357523 325704 389343
November 2025 359816 323834 395797
December 2025 362123 331704 392541
Marengo Housing Market Forecast with Real Estate Prices for 2026
January 2026 364445 334925 393965
February 2026 366781 338539 395024
March 2026 369133 334804 403463
April 2026 371500 342895 400106
May 2026 373882 355188 392576
June 2026 376280 339028 413531
July 2026 378692 351426 405958
August 2026 381120 344152 418089
September 2026 383564 349043 418085
October 2026 386024 363248 408799
November 2026 388499 360138 416859
December 2026 389516 356407 422625
Marengo Housing Market Forecast with Real Estate Prices for 2027
January 2027 389078 368846 409310
February 2027 387830 355640 420020
March 2027 387224 366701 407747
April 2027 386507 358679 414336
May 2027 385986 355493 416479
June 2027 385473 358490 412456
July 2027 384982 358418 411546
August 2027 385925 353507 418343
September 2027 387408 359515 415302
October 2027 389893 359481 420304
November 2027 392393 359824 424961
December 2027 394909 373978 415839
Marengo Housing Market Forecast with Real Estate Prices for 2028
January 2028 397441 376774 418108
February 2028 399989 369990 429988
March 2028 402159 368780 435538
April 2028 403541 376100 430982
May 2028 405342 368862 441823
June 2028 407419 379307 435531
July 2028 410032 379689 440374
August 2028 412661 390377 434944
September 2028 415307 380836 449777
October 2028 417970 388294 447645
November 2028 420344 380411 460276
December 2028 422052 391664 452440
Marengo Housing Market Forecast with Real Estate Prices for 2029
January 2029 423664 391889 455439
February 2029 425014 391438 458591
March 2029 427007 402668 451347
April 2029 429348 403587 455109
May 2029 431708 400625 462791
June 2029 434476 407104 461848
July 2029 436272 398753 473792
August 2029 437805 413288 462322
September 2029 439766 413380 466152
October 2029 441129 408485 473772
November 2029 442153 417835 466472
December 2029 442792 406483 479101
Marengo Housing Market Forecast with Real Estate Prices for 2030
January 2030 445631 417557 473706
February 2030 448489 409470 487507
March 2030 451364 426088 476641
April 2030 454259 411104 497413
May 2030 457171 429741 484602
June 2030 460103 415013 505193
July 2030 463053 422767 503338
August 2030 466022 419886 512158
September 2030 469010 443215 494806
October 2030 472017 430480 513555
November 2030 475044 431340 518748
December 2030 478090 435540 520640
Marengo Housing Market Forecast with Real Estate Prices for 2031
January 2031 481155 438814 523497
February 2031 484241 458092 510390
March 2031 487346 442022 532669
April 2031 490470 458099 522842
May 2031 491754 455856 527652
June 2031 491201 457800 524603
July 2031 489626 441643 537610
August 2031 488861 458552 519171
September 2031 487956 454775 521137
October 2031 487298 442954 531642
November 2031 486650 445772 527529
December 2031 486030 454439 517622
Marengo Housing Market Forecast with Real Estate Prices for 2032
January 2032 487221 446782 527661
February 2032 489094 448499 529689
March 2032 492230 458266 526194
April 2032 495386 449315 541457
May 2032 498563 451698 545428
June 2032 501759 456099 547420
July 2032 504977 457509 552445

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.